(HBO) – Hoa Binh province has invested much in industrial parks and clusters in recent years to attract more domestic and foreign investment. It is an important orientation in the province’s economic development strategy. Thanks to such effort, its industrial production reached more than 27.5 trillion VND (1.21 billion USD) last year, up 17.22 percent from the same period last year and 2.5 percent higher than the yearly target.
In the Da River Left-Bank Industrial Park,
more than 650 workers of the R Vietnam Technical Research Co., Ltd were still
busy making lens for export orders on the threshold of the New Year. Last year,
the company produced about 11 million product items and its export turnover reached
nearly 14.5 million USD, a year-on-year increase of 30 percent, despite
difficulties from fluctuations in the global economy.
Aside from the strong growth in export, the
firm has provided jobs for hundreds of locals and given them stable incomes
which averaged 6.5 million VND per person per month, said Nguyen Long, a
manager of the company.
Workers of the R Vietnam Technical Research
Co., Ltd in the Da River Left-Bank Industrial Park are making lens for export.
According the local authority’s report, the
province’s industrial production hit over 27.5 trillion VND in 2017, up 17.22
percent against the same period of the previous year. Its industrial production
index rose by 9.7 percent from 2016. Local industrial and handicraft firms remained
stable production with continued growth of key products, said the province’s
Department of Industry and Trade.
Some major products enjoyed strong growth like commercial electricity (8.01
percent), garment and textile (55.17 percent), brick (26.32 percent), cement
(22.45 percent), electronic products (26 percent), structural steel (18.92
percent), medium-density fibreboard (37.12 percent).
Also, export revenue experienced sound expansion thanks to local efforts to
diversify export markets while maintaining traditional ones like the US, the
EU, Russia, ASEAN, Japan, China and the Republic of Korea.
The province exported 505 million USD worth of products in 2017, a year-on-year
surge of 36.19 percent and 8.6 percent higher than the set plan. Meanwhile, it
spent more than 413.8 million USD on imports, up 28.8 percent from the previous
year and surpassing the set target by 5.57 percent.
A slew of measures have been deployed to effectively carry out the industrial
development project during 2016-2020 with vision towards 2030 to set up
large-scale production areas.
In July 2017, the provincial People’s Committee issued Plan No.91 on
implementing the industrial development project in 2016-2020 with vision
towards 2025. Accordingly, the province eyes an average growth of 10.5 percent
in added value of the industrial sector and a 15 percent growth in industrial
production value. Meanwhile, it expects that industry and construction will
make up 57.8 percent of its economy.
Infrastructure is key to develop local industry. The province will focus
investment on completing infrastructure in five industrial parks: Luong Son, Da
River Left-Bank, Mong Hoa, Lac Thinh and Yen Quang.
It will invest in developing basic infrastructure in six industrial clusters:
Chieng Chau, Khoang U, Phu Thanh II, Hoa Son, Dong Tam and Dong Lai-Thanh
There are many tools and the necessary space to control inflation below 4% this year, said Deputy Prime Minister Vuong Dinh Hue at the meeting of the Government's Steering Committee on Price Management held in Hanoi on July 10.
(HBO) - "The Department of Transport has implemented Directive No. 05/CT-UBND issued on March 8, 2017, by the Chairman of the Hoa Binh People's Committee on strengthening the management of the construction investment sourced from the provincial budget for public investment. As a result, traffic projects invested by the local Transport Department have been implemented in accordance with the law, ensuring the construction progress and quality without causing debts. The projects produce good outcomes," said Bui Duc Hau, deputy director of the Transport Department.
(HBO) – When mentioning Mai Chau, it must be mentioned about brocade weaving products. Together with the trend of integration and development, cooperatives and households that are maintaining and developing brocade weaving career have contributed to create a new direction in economic development, promoting cultural identity associated with the formation and development of Mai Chau district.
(HBO)- Our province is encouraging organizations and individuals to raise Da river fish along the value chain in order to create sustainable development for the aquaculture industry.
(HBO) - Being identified as an important arterial route linking Hanoi-Northwest transport corridor, ensuring the Security and National Defense, however, since its start of construction to now, Hoa Lac – Hoa Binh Road project has had extended the deadlines for many times. Will the project continue to "be missed" with the drastic direction of Minister of Transport Nguyen Van The, which requires to complete the Road by 31st August, 2018.
(HBO) – The People’s Committee of Cao Phong district on July 5 held a ceremony to recognise Dong Phong commune as a new-style area. Representatives of several provincial departments and agencies, and local people attended the event.